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LyondellBasell awarded tech contract for new PP project in Saudi Arabia

May 22/2020

MOSCOW (MRC) -- LyondellBasell, the world’s largest licensor of polyolefin technologies, has announced that Advanced Global Investment Company (AGIC) has selected LyondellBasell’s PP technology for a new world-scale facility in Jubail Industrial City, Saudi Arabia, according to NCT with reference to the company's press release.

AGIC’s proposed project includes two polypropyelene (PP) plants with capacity of 400,000 tons/year each.

As MRC informed before, LyondellBasell has recently announced that Hyosung Vina Chemicals Co., Ltd. will use the LyondellBasell Spheripol technology for a new facility. The process technology will be used for a 300 KTA PP plant to be built in Cai Mep Industrial Zone, Vung Tau Province, Vietnam.

According to MRC's ScanPlast report, PP shipments to the Russian market was 267,630 tonnes in January-March 2020, down 20% year on year. Homopolymer PP and PP block copolymers accounted for the main decrease in imports.

LyondellBasell is one of the largest plastics, chemicals and refining companies in the world. Driven by its 13,000 employees around the globe, LyondellBasell produces materials and products that are key to advancing solutions to modern challenges like enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through stronger and more versatile pipes, and improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road. LyondellBasell sells products into approximately 100 countries and is the world's largest licensor of polyolefin technologies.
Author:Margaret Volkova
Tags:PP, PP block copolymer, homopolymer PP, LyondellBasell, Vietnam, Rossiya, Saudi Arabia.
Category:General News
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